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Ghani Glass Limited GHGL

Market closed

Rs 39.52

+0.45 (+1.15%)

Vol508,070Updated10:3029 Jul 2026

01At a Glance

The headline take on GHGL — valuation, income, returns, and efficiency

Consolidated snapshot

Ghani Glass Limited (GHGL) is a Glass & Ceramics company listed on the Pakistan Stock Exchange. As of 29 Jul 2026, GHGL last traded at Rs 39.52 (+1.15% on the day) with a market cap of Rs 39.51B and a free float of 35.0%. Over the last 12 months the stock has returned -2.9%. Cash dividends declared over the trailing 12 months total Rs 4.00/share (yield 10.1%). The stock trades at a P/E of 6.7x. A member of the KSE-100 index.

Prices through 29 Jul 2026 · FY data through FY25 · Quarterly through Mar-26

6.7x
Rs 5.90
1Y Return
-2.9%
Rs 39.51B

02Price & Performance

Closing prices across timeframes, returns, and range context

GHGL — Price History

Daily closing series · toggle period below

1M Return-1.1%
3M Return+9.6%
6M Return+6.8%
1Y Return-2.9%
Day's Range81% of range
Rs 39.52
LowRs 38.32
HighRs 39.80
52-Week Range48% of range
Rs 39.52
LowRs 27.78
HighRs 52.25

03Key Metrics

Valuation, profitability, structure, and risk in one grid

6.7xTrailing annual EPS
Rs 5.90Latest annual · basic
1.02xBook Rs 38.91
10.12%Rs 4.00/sh trailing 12m
1.01Higher than market
Rs 39.51BMid cap
35.0%350M shares
0.11Low leverage
16.2%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

GHGL has paid Rs 4.00 per share in cash dividends over the trailing 12 months — a 10.1% yield at the last close. Its most recent payout was Rs 1.00/share, announced 01 Jul 2026 with book closure from 04 Jul 2026. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 1.00
Trailing Yield
10.12%
Payout Ratio
Announced
01 Jul 2026

Dividend Per Share Trend

2021
Rs 7.98
2022
Rs 2.10
2023
Rs 1.84
2024
Rs 1.00
2025
Rs 1.50

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
01 Jul 2026CashRs 1.00(10%)04 Jul 2026 – 07 Jul 2026
25 Feb 202631 Dec 2025 (HYR)CashRs 1.00(10%)11 Mar 2025 – 13 Mar 2025
28 Oct 202530 Sept 2025 (IQ)CashRs 0.50(5%)11 Nov 2025
30 Sept 202530 Jun 2025 (YR)CashRs 1.50(15%)22 Oct 2025 – 28 Oct 2025

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

GHGL's market capitalisation stands at Rs 39.51B as of 29 Jul 2026 down 6.5% over the past 12 months (from Rs 42.25B).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Net Sales / Revenue45,78347,79040,70830,82721,47117,096
Cost of Sales33,30934,65729,42721,81216,65214,491
Gross Profit12,47413,13311,2819,0164,8192,606
Administrative Expenses2,3452,1551,164954733675
Operating Profit7,1467,9848,3146,5753,2551,589
EBITDA8,9969,81410,1528,1564,4912,841
Other Income256195342360188129
Financial Charges10720611712314134
Profit Before Tax7,4798,1218,5336,2393,1701,603
Taxation1,5761,3714351944590
Profit After Tax5,9026,7508,0986,0453,2161,513
EPS - Basic (Rs)Rs 5.90Rs 6.75Rs 8.10Rs 6.05Rs 3.37Rs 1.62

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin12.9%
Gross profit margin27.2%
EBITDA margin19.6%
EBIT margin15.6%

Net profit margin

Net profit ÷ revenue · %

0.0%5.0%9.9%14.9%19.9%8.9%FY2015.0%FY2119.6%FY2219.9%FY2314.1%FY2412.9%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Effective tax rate21.1%

Effective tax rate

Taxation ÷ profit before tax · %

0.0%5.3%10.5%15.8%21.1%5.6%FY201.4%FY213.1%FY225.1%FY2316.9%FY2421.1%FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 39.51B

Rs 51.10BRs 35.98BRs 20.87BRs 5.76BJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 39.51B

Valuation & Capital Returns

What the market is paying for GHGL, and what it returns to shareholders

Latest · FY25

RatioValue
Price to earnings6.08x
Price to sales0.78x

Price to earnings

Period-end price ÷ EPS · times

0.00x11.09x22.19x33.28x44.37x44.37xFY2012.92xFY216.25xFY223.62xFY234.80xFY246.08xFY25Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 38.60) is below the 30-day SMA (Rs 39.43). RSI at 54 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 38.60-2.33%Above
SMA 30Rs 39.43-0.23%Above
SMA 60Rs 37.69-4.63%Above
SMA 200Rs 36.15-8.53%Above
54Neutral
0 · Oversold305070100 · Overbought

At 54, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD0.11
  • Signal0.23
  • Histogram-0.12
R2Resistance 2
Rs 45.24
14.5%
R1Resistance 1
Rs 42.38
7.2%
NOWCurrent
Rs 39.52
S1Support 1
Rs 36.78
-6.9%
S2Support 2
Rs 34.04
-13.9%

07Leverage Insights

MTS, margin financing, futures open interest, and combined exposure

Not MTS-eligible
Rs 20.57M
Margin financing
Rs 20.57M
+1.36% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for GHGL on the latest PSX DFC report.

08Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %89.70%Most recent print
Average · 3M85.22%Mean over window
Change · 3M+21.68%First → last
Range · 3M50.8–99.8%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 16 Jul 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

09Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 35.0%Non-float · 65.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 10.00B
Total Shares1000M
350M
35.0%
Year EndJun
Enterprise Value

10About the Company

Business description, governance, and corporate information

Ghani Glass Limited was incorporated in Pakistan in 1992 as a limited liability company under the Companies Ordinance, 1984 (now Companies Act, 2017). The Company is engaged in the business of manufacturing and sale of glass containers and float glass.

KSE-100Shariah CompliantGlass & Ceramics

Corporate Information

  • RegistrarCorplink (Pvt) Ltd, Wings Arcade, 1-K Commercial Area, Model Town, Lahore
  • AuditorKPMG Taseer Hadi & Co Chartered Accountants.
  • Websitewww.ghaniglass.com
  • Address40-L Model Town Lahore, Pakistan.
  • SectorGlass & Ceramics
  • Financial Year EndJune

Key People

NameRole
IAImtiaz Ahmad Khan
CEO
ZGZaid Ghani
Chairperson
HMHafiz Mohammad Imran Sabir
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

12Peers in Glass & Ceramics

How the cohort is moving — same-sector stocks by market cap

GHGL vs Glass & Ceramics sector median

Median across 8 sector constituents · nulls excluded per metric

MetricGHGLSector median
6.7x7.2x
10.1%0.0%
16.2%13.6%
1-Year Return-2.9%-3.2%
Rs 39.51BRs 5.44B

13Frequently Asked Questions

The most common questions investors ask about GHGL

Frequently Asked Questions

GHGL closed at Rs 39.52 on 29 Jul 2026, up 1.15% on the day, within a 52-week range of Rs 27.78–52.25. Prices on this page refresh through the trading day; log in to BSL for live quotes.

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